Paris airports saw traffic, profits rise in 2011

Aeroports de Paris (ADP) posted a €348 million ($458.4 million) net profit for 2011, up 15.1% over 2010, though the year-over-year increase was mostly due to nonrecurring items. Annual revenue inched up 0.9% to €2.5 billion on 5.7% growth in passengers handled at its airports to 88.1 million. Cargo throughput declined 3.8%.

ATW On-Location

Trans States Holdings, parent of US regionals Trans States Airlines, Compass Airlines and GoJet Airlines, remains “comfortable” with its order for 50 Mitsubishi Regional Jets and expects to begin taking delivery of the aircraft in 2017....More

ICAO will have to boost its budget by 3% to pay a Web-based information database to provide airlines, air navigation service providers and member states a source of safety information about the risks to flights over and within conflict zones....More